These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis. The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.--Barney Frank in 2003
Low-income home ownership has been a mistake, and I have been a consistent critic of it.--Barney Frank this week
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Thursday, October 14, 2010
Greg Mankiw catches Barney Frank speaking out of both sides of his mouth
here:
Labels:
Congress,
coverup,
economic policy,
hypocrisy,
unintended consequences
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment